- Market Conditions: Back-testing results can vary significantly based on market conditions. The settings provided by Galileo FX are optimized for various market scenarios, but if the market conditions during your back-tests were different from those used in the published results, this could lead to discrepancies.
- Broker Differences: The choice of broker can also impact your results. Differences in spreads, commissions, execution speeds, and slippage can cause variations in performance. Ensure that you are using a broker that closely matches the conditions used in the published tests.
- Latency and Execution: In live trading or even demo trading, latency and execution times can play a significant role. Delays in order execution, even in milliseconds, can alter the outcomes of trades, especially in fast-moving markets like Forex.
- Settings Configuration: Even small differences in settings, such as timeframes, lot sizes, or risk management parameters, can result in different outcomes. Make sure that your settings exactly match the recommended configurations, and check if there are any updates to the settings.
- Version of Galileo FX: If you are using a different version of Galileo FX (Personal, Plus, or Pro), remember that the profit limitations vary. This might affect your results if you are approaching the profit cap in the live testing environment.
- Back-testing Conditions: Ensure that your back-testing environment is set up to replicate live trading conditions as closely as possible. This includes factors like data quality, modeling type (e.g., every tick vs. open prices), and ensuring that slippage and spreads are accurately simulated.
- Psychological Factors: Trading psychology, even when demo testing, can influence decisions. While Galileo FX automates trading, manual intervention or second-guessing the system during testing can impact results. It's crucial to trust the system and allow it to operate as intended.
